Pages

Wednesday, June 18, 2014

Beating Inflation - Classic Style

In Order to Beat Food Inflation, Central Govt mulls change
in law to crack down on Spirited hoarders

On the back of spike in food prices, the consumer affairs
department plans to amend some sections of the Essential Commodities Act to
empower Centre to issue directives to state governments to act against
hoarders.

Finance minister Arun Jaitley had on Tuesday asked the
states to take effective steps against "speculative hoarding",
blaming it as one of the reasons behind the rising prices of some essential commodities.

Onions may not have brought out the tears for alcoholics
yet, but here's another price rise in the making that could do just that. Delhi
Lieutenant Governor Najeeb Jung has approved a steep hike of 50-55 per cent in
excise duty across all segments of liquor, including beer and Hand made Indian
Foreign Liquor (IMFL) whichtranslates
into a hike of about 30 per cent for beer and between 15 and 20 per cent for
IMFL varieties.

So Beer prices in Delhi will be hiked by 30 per cent,
Indian-made foreign liquor will be up 20 per cent in line expected rate of food
inflation to avoid mismatch of demand and supply of Essential Commodities prices during the Late Night Good Times Outing.

The hike will be effective by next week. A bottle of
Kingfisher beer, which used to cost Rs.60 will cost anything between Rs.75 and
80 now; a bottle of Blenders Pride whisky which comes for Rs.610 now is set to
cost more than Rs.700 at city vendors. Royal Stag whisky is to go up from
Rs.350 to Rs.410 for a bottle, and Foster's Strong beer will cost you Rs.90 per
can now.

Compared to neighbouring Haryana- which borders the Capital
on its north, west and south- liquor prices are already high in Delhi.

Delhi -Haryana Prices

Why Delhiwallahs can't go for cheaper Haryana booze, read
the rule.

According to rules, a single person cannot possess more than
nine litres of IMFL (Indian made foreign liquor) and over three litres of
country liquor in the national Capital. This, too, has to be bought from an
authorized liquor vendor. A person bringing in liquor from outside Delhi can't
possess more than one litre of any category of liquor. Violators face
punishment under Section 33 of the Delhi Excise Act, 2009. Those found guilty
may have to pay a fine of up to Rs.1 lakh and serve a jail sentence of up to
three years.

As Laws are meant to be broken, In order to evade from law,
People will paying a fortune to have favorite brands brought in from Haryana
through maze of ultra luxurious underground tunnels. Delivered by a SUV armed
with a double-door fridge freezer that dispenses perfect ice cubes, marlboro
cigarettes, country guns, Belgian chocolates.

The service, according to the Jaggu's Good Times, requires
first placing an international telephone order, making a payment by wire
transfer to a Numbered Swiss bank account, then agent with Unmarked SUV will
pick up the package from haryana ,couriers to bring it through the half-mile
tunnels and deliver it to border to the office of the entrepreneur behind the
scheme, and a fleet of e-motorbikes as they cannot penalized by traffic police and environmental activists to take the packages – by now, presumably will
be Hot and warm – changing multiple hands to their final destination.

Under construction tunnel

these black market tunnels which are under construction between
Haryana and Delhi will be bringing Hot deliveries and making Millionaires, "Just
give me a shopping list of anything – literally anything – you want, and it
will be here in two hours," a unknown smuggler in darkness of night, so
vast fortunes will be made by black marketeers.